While much of the hype around energy storage has been around lithium-ion batteries, which are able to power almost everything, from your personal electronic devices to electric vehicles – there is a need for bigger batteries that are able to store much more power.
This means that Vanadium Redox Flow Batteries can be used to store energy for use at peak load times on conventional energy grids or when the renewable energy system is not producing energy, for example, when the sun is not shining or the wind is not blowing in the case of solar and wind power, respectively.
Bushveld Minerals (LON:BMN) is a low cost, integrated, primary vanadium producer, with ownership of high grade vanadium assets.
The Company’s flagship vanadium platform includes a 74 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; the Mokopane Vanadium Project and the Brits Vanadium Project.